Product Pricing Strategist
Location | Lagos, Nigeria |
Date Posted | April 29, 2022 |
Category |
Management
|
Job Type |
Full-time
|
Currency | NGN |
Description
Responsibilities
- Assessing data from a variety of sources to uncover insights into pricing strategies and market trends.
- Setting effective pricing for products to drive product adoption and profitability.
- Analyzing and translating pricing data into actionable profit-enhancing strategies for products and the business at large.
- Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability
- Monitoring business liquidity to ensure pricing strategies delivers optimal liquidity for the business
- Developing dynamic pricing tools to effectively respond to changing market needs and trends.
- Create and provide visibility around existing pricing strategies, including identifying key performance indicators and dashboard views to convey to senior leadership.
- Utilize profit and loss information to facilitate informed decision-making around what leads, channels, and segments of our business to help drive via pricing strategy.
- Preparing and presenting pricing analysis findings to the product team and organization leadership
- Address issues and concerns raised by team members relating to product pricing.
Requirements
- B.Sc in Economics, Business Management, or other Management Science courses.
- Candidates should possess a Bachelor's Degree with at least 5 years of work experience
- Professional qualifications like ACCA, ICAN, CFA would be an added advantage
Skills / Competencies:
- In-depth knowledge of statistical methods and data analysis of financial and non-financial data.
- Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
- Experience in collaborating on pricing strategies with sales and marketing departments.
- Ability to keep abreast of industry trends and develop dynamic pricing tools.
- Advanced ability to present pricing analysis reports to relevant stakeholders.
- Excellent analytical, decision-making, and problem-solving skills.
- Attention to accuracy and detail required.